Pl Capital Advisors buys $13,421,718 stake in United Financial Bancorp Inc (UBNK)

United Financial Bancorp Inc (UBNK) : Pl Capital Advisors scooped up 52,448 additional shares in United Financial Bancorp Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 1,000,128 shares of United Financial Bancorp Inc which is valued at $13,421,718.United Financial Bancorp Inc makes up approximately 4.21% of Pl Capital Advisors’s portfolio.

Other Hedge Funds, Including , Gsa Capital Partners Llp reduced its stake in UBNK by selling 15,100 shares or 39.16% in the most recent quarter. The Hedge Fund company now holds 23,455 shares of UBNK which is valued at $316,408. United Financial Bancorp Inc makes up approx 0.02% of Gsa Capital Partners Llp’s portfolio.Strs Ohio boosted its stake in UBNK in the latest quarter, The investment management firm added 800 additional shares and now holds a total of 58,000 shares of United Financial Bancorp Inc which is valued at $765,600.

United Financial Bancorp Inc opened for trading at $13.36 and hit $13.44 on the upside on Wednesday, eventually ending the session at $13.4, with a gain of 0.37% or 0.05 points. The heightened volatility saw the trading volume jump to 47,663 shares. Company has a market cap of $674 M.

On the company’s financial health, United Financial Bancorp Inc reported $0.20 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 19, 2016. Analyst had a consensus of $0.25. The company had revenue of $48.03 million for the quarter, compared to analysts expectations of $51.32 million. The company’s revenue was down -4.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on United Financial Bancorp Inc. Hovde Group Downgraded United Financial Bancorp Inc on Jul 20, 2016 to ” Market Perform”, Price Target of the shares are set at $14.

United Financial Bancorp Inc. (United) formerly Rockville Financial Inc. is a bank holding company. The Company through United Bank delivers financial services to individuals families and businesses throughout Connecticut and central and western Massachusetts through 56 banking offices its commercial loan and mortgage loan production offices 67 automated teller machines (ATMs) telephone banking mobile banking and its Internet Website In addition to the Merger the Company operates two branch locations in North Haven Connecticut and East Hartford Connecticut. It operates in suburban market areas. Its retail banking and lending offices are located in Connecticut throughout Hartford New Haven New London and Tolland Counties and in Massachusetts in West Springfield Greater Springfield and Worcester regions.

Leave a Reply

United Financial Bancorp Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on United Financial Bancorp Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.